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Mar 18, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. theengineered with aeel-drive unique drive system and dual transmission. all-wheel traction. all-wheel power. all done. only from husqvarna. challenge the impossible. ♪ liz: time for a quick speed read if some of the day's other headlines. five stories, one minute. president obama nominating thomas preston and the secretary of labor. currently in the civil rights division of the justice department. airbus and indonesia lie in their filing a $24 billion contract. the aircraft maker's biggest deal ever. the remains for 234 planes. the first deliveries scheduled for next year. panasonic reportedly exiting plasma tv production in health care businesses to become more cost-efficient. the
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. theengineered with aeel-drive unique drive system and dual transmission. all-wheel traction. all-wheel power. all done. only from husqvarna. challenge the impossible....
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Mar 19, 2013
03/13
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they paid their tax in full and on time legally, but now the state wants back taxes interest and penalties for five years. >> this notice was the first i heard of it. >> to brian overstreet it felt like a punch in the gut, compliments of california, a six-figure bill for back taxes. >> that is what is moat owes rage just about this situation. it is five-year look back and interest on money you had no idea you even owed. >> overstreet and hundreds like him got a letter from the state, due to a court ruling a 50% tax break for small business and startup investors was no longer available. anyone who claimed it in the last five years had to pay up. >> retroactivity is issue of fairness and credibility for california. >> even california's tax leaders say what the state is it doing is unfair, overreacting and overreaching, hoping to claw back some $120 million for cash-strapped california. >> problem right now we have what is the revenue is identified those folks up in sacramento will figure out how to spend it already. >> pro-business lawmakers are trying to rescind the letter, fearing high-tec
they paid their tax in full and on time legally, but now the state wants back taxes interest and penalties for five years. >> this notice was the first i heard of it. >> to brian overstreet it felt like a punch in the gut, compliments of california, a six-figure bill for back taxes. >> that is what is moat owes rage just about this situation. it is five-year look back and interest on money you had no idea you even owed. >> overstreet and hundreds like him got a letter...
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Mar 20, 2013
03/13
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he despite the taxes. the economies in europe, particularly we're talking now about spain and italy, have been beaten down by the austerity programs. we, but we see them coming back slowly but surely in the second half. and fourt fourth and, the -- 2014 and equity markets tend to look ahead six months or so for those developments. david: let's hope it happens. bill, great to see you. thank you very much have. appreciate you coming in. >> okay. lauren: budget proposals everywhere but no deal in sight as the clock continues to tick. congress has one week left to come to a compromise and avert a government shutdown. we're live on capitol hill with the very latest. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just stay alive... but feel alive. the c-class is no exception. it's a mercedes-benz, through and through. see your authorized mercedes-benz aler for exceptional offers through mercedes-benz financial services. lauren: the h
he despite the taxes. the economies in europe, particularly we're talking now about spain and italy, have been beaten down by the austerity programs. we, but we see them coming back slowly but surely in the second half. and fourt fourth and, the -- 2014 and equity markets tend to look ahead six months or so for those developments. david: let's hope it happens. bill, great to see you. thank you very much have. appreciate you coming in. >> okay. lauren: budget proposals everywhere but no...
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Mar 14, 2013
03/13
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maybe we get tax revenue? maybe it ain't so bad? >> well, natural gas is cheaper and much less pollutive than our coal-based. david: you don't have to sell me but could you sell the president on that? >> i think his people around him should know it and probably do because it's wonderful to promote electric cars but somebody has to make the electricity. it doesn't just live in the wall of your garage and need to be liberated with a plug. so you have to get it out. and right now about a third of all electricity comes from gas but another third or so comes from coal. i believe gas will largely displace coal and that will bring down carbon emission as lot. david: you're not a stock-picker. we go to other people for that. you brought into exco resources which was up about 10%. i think you probably exceeded your buy point which i believe was, i looked it up, it was $6.78 you bought it for. it is 7.80 a share. you're a winner. took you a while. >> we didn't buy it for a few pennies. exco is one. larger exploration and production companies.
maybe we get tax revenue? maybe it ain't so bad? >> well, natural gas is cheaper and much less pollutive than our coal-based. david: you don't have to sell me but could you sell the president on that? >> i think his people around him should know it and probably do because it's wonderful to promote electric cars but somebody has to make the electricity. it doesn't just live in the wall of your garage and need to be liberated with a plug. so you have to get it out. and right now about...
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Mar 15, 2013
03/13
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low costnd tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackro. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. david: time for a speed read, some of the day's other headlines, five stories, one minute. pentagon spends one billion dollars a year in a program that sends up employment to troops that left the military voluntary little. the program has risen more than $600 million over the last ten years. >>> toyota is recalling 310,000 fj-cruiser suvs for a seatbelt problem. the recall affects vehicles from 2007 to 2013. those model years. >>> volkswagen is planning to expand its production in china by more than 0% over the next five years. the auto company planning to build at least seven new factories. >>> u.s. videogame sales declined 25% to $810 million in february compared to a year ago. hardwar
low costnd tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackro. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. david: time for a speed read, some of the day's other headlines, five stories, one minute. pentagon spends one billion dollars a year in a program that sends up...
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Mar 21, 2013
03/13
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they digitize tax returns. why not digitize the entire commerce. adam: when i switched my quicken from pc to mac it wasn't so friendly. i hope they do better job mobile than on the mac. >> there are concerns there. private company, square. not publicly traded. they have partnerships with starbucks with same type of thing. starbucks is big company. square has something. there is not competition there. sandra: user error on adam part's too. there are stocks you are recommending not a straight play on the cashless craze. stocks that have been beaten up like google. you're saying these stocks could actually benefit from this as well? >> wouldn't count out these guys. there is always this rumor that apple would actually use its huge cash pile it has got. want to start an online bank. if you find a way do online banking be capital side of that be 100 billion cash in the bank. one of many rumors people talk about. they are working on google wallet to take existing credit cards and put into google device, the concerns you talk about people walk away with t
they digitize tax returns. why not digitize the entire commerce. adam: when i switched my quicken from pc to mac it wasn't so friendly. i hope they do better job mobile than on the mac. >> there are concerns there. private company, square. not publicly traded. they have partnerships with starbucks with same type of thing. starbucks is big company. square has something. there is not competition there. sandra: user error on adam part's too. there are stocks you are recommending not a...
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Mar 13, 2013
03/13
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they have their version and comes to taxes and spending fundamental differences remain. >> president understands, yeah we have some long-term spending we need to deal with but he is going to hold hostage the fact he wants to raise taxes on the mile-per-hour people again. that is not going to get us very far. >> there are no sacred cows. we put everything we can on the table but we do it in a responsible way that preserves, protects and strengthens the program like medicare and medicaid that the american people strongly support. >> while we're talking budgets we got budget deficit news today. the united states spent $204 billion than it took in last month that is better than a year ago in february of 2012 saw a deficit of $232 billion. year-to-date. got a budget deficit of $494 billion since the fiscal year started october 1st. last time this year, this time last year, we were at about the $581 billion. back to you. david: rich edson, in capitol dome there. thank you very much. liz: speaking of the nation's debt crisis, tomorrow on "after the bell" -- "countdown to the closing bell" p
they have their version and comes to taxes and spending fundamental differences remain. >> president understands, yeah we have some long-term spending we need to deal with but he is going to hold hostage the fact he wants to raise taxes on the mile-per-hour people again. that is not going to get us very far. >> there are no sacred cows. we put everything we can on the table but we do it in a responsible way that preserves, protects and strengthens the program like medicare and...